While growing wealth and investing can encompass many platforms and strategies, real estate has proven to be one of the most successful and dependable. Moreover, effective real estate investing can be a stabilizer and even a catalyst for increasing your net worth and is not as susceptible to market shifts and global uncertainty. Besides buying … Read more
Closing on a new house can be one of the most exciting days of your life. But before you get the keys, you’ll need to sign several documents at the closing table. So, here’s what to expect on your big day. What Are Closing Costs? Closing costs are the fees and expenses buyers and sellers … Read more
Most of us, at some point, dream of buying and owning a home. The pride of ownership and a sense of security are important motivating factors. In addition, the initial investment can grow into a significant profit because of property value appreciation. For both first-time and experienced homebuyers, the question becomes: “How much home can … Read more
Most buyers, particularly first-timers, will probably borrow money to purchase a home or other real estate property. The process consists of working with a lender to qualify for a home loan at a specific interest rate for a set amount of time. The homeowner is then responsible for making regular monthly payments to repay the … Read more
Realtor®.com reports that real estate markets are seeing an early start to the spring buying season this year. There is an unseasonably high demand with fewer homes for sale. The imbalance led to typical homes selling faster and pushing list prices to a record high in February. Meanwhile, higher mortgage rates squeezed buyers’ budgets. Highlights The national … Read more
Prospective homebuyers who begin their search without enlisting the knowledge and experience of a professional Realtor to represent them will miss out on a range of resources that can help them make an informed decision. Realtors add insight into the current market conditions, histories of recent transactions, and a real-time understanding of current conditions and … Read more
Just about anyone who has ever sold a home with the help of a knowledgeable Realtor appreciates the role they played in counseling, guiding, advising, and managing the process. Realtor support is especially critical during complex transactions filled with multiple crises that demand a professional hand to navigate and hold the deal together. Roles of … Read more
Unless homebuyers pay cash for the total price of a home, they are likely to borrow at least some of the money needed to make the purchase. Banks, mortgage companies, and other lenders offer a broad array of secured loans, known as mortgages, to help buyers realize their dream. A mortgage is a loan used … Read more
